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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.91+0.4%Nov 11 4:00 PM EST
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To: bart13 who wrote (100262)4/21/2013 9:40:24 PM
From: KyrosL1 Recommendation  Read Replies (1) of 217688
 
What's this CPI new vehicle index? Is it used for hedonic adjustment?

My CPI calculator shows prices increased 6x since 1970, using government figures, so a $3,542 car in 1970 would be $21,252 today. I think I can buy a car MUCH MUCH better than the average 1970 car for $21,252. Not sure 3x better, but it's possible after figuring the lifetime costs of repairs, gas, and time lost due to breakdowns.

data.bls.gov
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